ARG 1.43% $9.21 argo investments limited

CK,please help my feeble mind (it's 2am as well).If based on...

  1. 1,631 Posts.
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    CK,

    please help my feeble mind (it's 2am as well).

    If based on last nights closing prices for ARG/ARGR

    ARGR price + issue price($7.20) < ARG price currently I can't but see this as a ARGR buy. Thus the best way into ARG.

    Or is it that ARG is now trading (at approx 1% premium).

    Also the latest NTA annoucement would seem to suggest that (after taking into account the 12c div and 1:8 rights) it's trading at a premium to the prevailing sp?
 
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